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31422128
31422129

3456 Martin Way E, Olympia, WA 98506 For Sale

QN
WA WA 113575
Greene Commercial
Listed by Greene Commercial
$1,350,000
877 days on market
Updated 0 days ago

3456 Martin Way E

Details
APN 11818141700
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 7,572
Units 3
Cap Rate 5.13%
NOI $69,215
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $178
Year Built 1956
Year Renovated 2006
Buildings 3
Lot Size (SqFt) 20,037
Zoning HDC-4
Investment Type Value Add

High-Visibility Multi-Tenant Investment on Martin Way E

Marketing description

Presenting a high-visibility investment opportunity: the Interstate Batteries Building at 3456 Martin Way E in Olympia, Washington. This stabilized, income-producing asset boasts a 10/10 location in a strategic corridor, offering commercial investors secure cash flow and strong long-term value potential. Constructed in 1956, the 0.46-acre site features three single-story buildings totaling 7,572 square feet, zoned HDC-4. The combination of retail, office, and industrial warehouse spaces provides excellent flexibility and an established tenant mix. The property currently serves as home to CA Nail and Interstate Batteries, both long-term tenants, allowing investors to immediately step into an active, income-generating asset. Furthermore, the surrounding area boasts a consistently enlarging local consumer base and a resilient economic profile that favors the long-term support of local retail and industrial operations.

Listing Contacts

QN
WA WA 113575
Greene Commercial
Listed by Greene Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,215.00
$5,767.92/mo

Valuation Metrics

0
DSCR
5.13%
Cap Rate
5.13%
ROI

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Additional Information

Name
Quint Newell
License
WA 113575
Brokerage
Greene Commercial
Brokerage Phone
3605284167
Title
Real Estate Broker
Brokerage Address
1722 Harrison Avenue Northwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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